ZBT surges 55% in 5 hours, triggering $1.2M in liquidations

Zerobase (ZBT) surged approximately 55% in five hours, triggering a total of $1.2 million in forced liquidations across major exchanges. According to data from Coinglass, the majority of these were short positions. The token is currently trading around 270 won ($0.19) on the South Korean exchange Upbit amid a short-term spike in trading volume. ZBT's market capitalization is approximately $44 million.